Sierra Hamilton buys GeoPro. Expands into sphere of exploration
- Business & Finance
Sierra Hamilton LLC acquired all the assets of GeoPro GmbH of Hamburg, Germany to create a new operating subsidiary, GeoPro Geophysics LLC.
GeoPro Geophysics will operate as a global seismic data acquisition, processing and interpretation company offering a variety of geophysical services to the oil industry.
“We continue to expand our capabilities beyond onsite engineering and supervision, into the realm of exploration,” Sierra Hamilton President Keith Grimes said. “This acquisition gives Sierra Hamilton another asset to bring to our clients in the industry and helps make a more powerful partner.”
GeoPro Geophysics’ headquarters will be in Houston and its engineering and processing center will remain in Hamburg. GeoPro Geophysics employs an experienced staff of geophysicists and instrument engineers who are supported by a team of qualified field technicians. The company provides a range of worldwide seismic services for both on and offshore data acquisition and processing. GeoPro Geophysics specializes in geoseismic services that are critical to understanding deep formations in offshore basins around the world through Ocean Bottom Seismographs and Wide Aperture Reflection/Refraction Profiling.
This acquisition is the latest by Sierra Hamilton, which formed at the end of 2013 through a merger of Hamilton Group and Sierra Engineering. Private equity firm Corinthian Capital Group owns Sierra Hamilton.